2 bed Flat For Sale £79,999
Tenanted 2 bedroom first floor traditional tenement flat is located in central Motherwell. This buy-to-let investment opportunity with a 7.4% yield would appeal to a first-time landlord or one looking to expand their portfolio. The property comprises a large bay-windowed lounge, with a recessed area ideal for a dining table, two large double bedrooms, a neutral bathroom with bath and shower, and a modern kitchen with appliances. The current owner has within the last 2 years recarpeted and redecorated the property which has been on the rental market for 10 years with minimum voids. The property also benefits from having two large storage areas in the hallway, gas central heating, double glazing, and being fully compliant for the rental market.
The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been a resident since 2021 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £5,940. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £80K. A well-managed residents committee takes care of communal issues for £14pcm. The property is ideally situated right on the edge of Motherwell town centre, and is within two minutes’ walk of the main shopping and transport amenities.
The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been a resident since 2021 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £5,940. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £80K. A well-managed residents committee takes care of communal issues for £14pcm. The property is ideally situated right on the edge of Motherwell town centre, and is within two minutes’ walk of the main shopping and transport amenities.
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